Off Rieglesberger Rd #3STT2HAvonOH44011
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Avon at Off Rieglesberger Rd #3STT2H, Avon, OH, 44011 priced at $533,600 converts $4,586/mo rent into $1,076/mo cash flow after a $2,612/mo obligation. Total monthly income equals $4,586/mo, and annual cash flow totals $12,909/yr on $175,554 invested. Return on cash invested prints 27.41% in year one, and rental yield reads 10.31% against a $533,600 entry. Equity gained on principal adds $3,443/yr, while 5% annual appreciation compiles into $147,424 by year five. Five-year ROI reaches 143.58% and total cumulative return in cash sums $252,057. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,586/mo property income covering a $2,612/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44011, Avon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,423 (100%) |
| Owner Occupied HU | 7,673 (81.4%) |
| Renter Occupied HU | 1,381 (14.7%) |
| Vacant Housing Units | 369 ( 3.9%) |
| Median Home Value | $398,582 |
| Average Home Value | $420,931 |
Housing Distribution
Address Breakdown
Residential
9,393
Single Family
9,130
Multi-Family
263
Businesses
825
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